Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3674 | +0.0096 | pay 0.0012% / 1h | 19m 20s | $828K | $125K | 10x | Long Lighter7d free | |
| SHORT | 0.3665 | +0.0100 | get 0.0013% / 1h | 19m 20s | $77K | $90K | 50x | Short TxFlow5% off |
Price gap−0.245%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.245% under zero (no 7-day history yet): the price leg works against you, −$24 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10+0.0004% /8h now · paid −0.103% over the last 7D
Price—spread −0.245% now · no price history on both exchanges yet
Costsno datano order book for TxFlow
Result, before costs—+ Points / potential airdropLighter: Season 3 · TxFlow: points · farm boardneeds both price histories
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.245%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLDO on 30 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for TxFlow: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $200Lighter 10x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$0.12Long Lighter: 24 payments, −$2.88; short TxFlow: 24 payments, +$3.00.
- Note: No 7-day spread history−0.245%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$77K vs $828K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3 · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legLighter No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0049%/8h × 21 periods−$10.25
Price spread−0.245% → 0−$24.50
Slippage, 4 ordersno data for TxFlow—
Fee Lighter bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$43.75
Costs to cover0.090%Break-evennever at this rate
Slippage: Lighter: live order book, 7 min ago; TxFlow: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGLighter1.645.8 bp−$637.2 bp−$372doesn’t fitdoesn’t fit
SELL · SHORTTxFlow—————
Closing costs about the same again.
TxFlow: no data.
Phemex